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Fast and Furious - Tesla Quarterly Earnings

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avatrade.com

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customer@mkt.avatrade.com

Sent On

Thu, Oct 24, 2019 09:04 AM

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If you are unable to see the message below, . Tesla Quarterly Earnings ahead. Will Tesla manage to d

If you are unable to see the message below, [click here to view](. Tesla Quarterly Earnings ahead. Will Tesla manage to deliver on promises, or will it kick the can down the road once again? [Visit our website]( [AvaTrade] To Deliver or Not to Deliver Tesla Q3 2019 Earnings – Wednesday, October 23rd AMC Tesla posted record deliveries of 97,000 vehicles in the third quarter of 2019, although this is below Wall Street expectations. With the company’s guidance of 360,000-400,000 units in total for 2019, we are now just under 105,000 vehicles to the lower range of the target. This means Tesla will need to ramp up production to reach that goal. With Tesla’s factory in Shanghai starting production this month, this is seen as a realistic target. Investors are starting to buy into CEO Elon Musk’s rhetoric, and this has recently led to a major stabilisation in stock price. Will Tesla confirm the positive momentum and match last year’s top Q3 performance? Or will it disappoint traders? Expected EPS: -$0.41 (average).Earnings have surprised to the downside 3 times out of 4 in the past year.Expected Revenue: $6.36B (average). Prepare for the new QE report [Trade TSLA]( [AvaTrade] Trading, CFDs, Spread-betting & Options carry risk and could result in the loss of your capital AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877). AVA Trade Ltd is regulated by the B.V.I Financial Services Commission. Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684). Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP No.45984). Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574). Read AvaTrade [risk disclosure]( before trading Forex, CFD’s, Spread-betting or FX Options. Forex/CFD, Spread-betting & FX Options trading involves substantial risk of loss and is not suitable for all investors. Copyright © 2007-2019 AVA Trade EU Ltd. All rights reserved. [Unsubscribe](

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